Institution: Dai-ichi Life Insurance Company
Headquarters: Tokyo, Japan
Dai-ichi Life Insurance Company has announced a $15 million commitment to Cowin China Growth Fund II (the Fund), managed by Shenzhen Cowin Asset Management.
In addition to Dai-ichi Life Insurance, Mizuho Bank is the other Japanese investor that has committed $15 million to the Fund. The Fund, with a $250 million target, will invest in businesses within the technology, telecommunication, and healthcare sectors.
As illustrated below, the majority of recent commitments to private equity funds are Asia-Pacific focused.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.